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Portfolio Budget Statements 2017-18

Release date: 9 May 2017

9 May 2017 | Budget Paper

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Portfolio Budget Statements 2017-18 2.7MB
Portfolio Overview 667KB 7.2MB
Department of the Treasury 275KB 1.5MB
Australian Bureau of Statistics 262KB 554KB
Australian Competition and Consumer Commission 281KB 653KB
Australian Office of Financial Management 162KB 626KB
Australian Prudential Regulation Authority 177KB 590KB
Australian Securities and Investments Commission 194KB 737KB
Australian Taxation Office 379KB 1.1MB
Commonwealth Grants Commission 211KB 401KB
Inspector-General of Taxation 138KB 393KB
National Competition Council 149KB 396KB
Office of the Auditing and Assurance Standards Board 432KB 435KB
Office of the Australian Accounting Standards Board 417KB 436KB
Productivity Commission 151KB 442KB
Royal Australian Mint 151KB 483KB

The purpose of the 2017-18 Portfolio Budget Statements (PB Statements) is to inform Senators and Members of Parliament of the proposed allocation of resources to government outcomes by entities within the portfolio. Entities receive resources from the annual appropriations acts, special appropriations (including standing appropriations and special accounts), and revenue from other sources.

A key role of the PB Statements is to facilitate the understanding of proposed annual appropriations in Appropriation Bills (No. 1 and No. 2) 2017-18 (or Appropriation (Parliamentary Departments) Bill (No. 1) 2017-18 for the parliamentary departments). In this sense, the PB Statements are Budget related papers and are declared by the Appropriation Acts to be ‘relevant documents’ to the interpretation of the Acts according to section 15AB of the Acts Interpretation Act 1901.

The PB Statements provide information, explanation and justification to enable Parliament to understand the purpose of each outcome proposed in the Bills.

As required under section 12 of the Charter of Budget Honesty Act 1998, only entities within the general government sector are included as part of the Commonwealth general government sector fiscal estimates and produce PB Statements where they receive funding (either directly or via portfolio departments) through the annual appropriation acts.

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